Currently, it looks that the AHV funds would have to be fixed assets with a clear negative return, said the President of the Fund Compenswiss, Manuel Leuthold, on Saturday in an Interview with the “Switzerland on the weekend”. More details can be known only when the year is actually finished. However, the Minus will not be only one percent, Leuthold. The Minus sign should be “approximately in the order of three to four percent,” he said.
In the previous year, had generated the compensation Fund a return of seven per cent. This investment income could be used to offset the deficit from the PAYG system. This will not be this year, – said Leuthold. He expected for 2018 with a deficit in the levy between one and 1.5 billion Swiss francs. As the main reason for the poor investment performance of the AHV-investment Fund, President of the negative developments on the capital markets. “We have not been able to escape,” he said.
According to the Leuthold is now required to the policy. For example, the corporate tax reform would bring annually two billion Swiss francs of additional revenue. In addition, you could reduce the pension benefits or the retirement age increase. The latter measure would have “the result that we could have our money long-term to create and as a result, higher yields would reach,” said Leuthold. This would have the largest impact, he explained. (sda)
Created: 29.12.2018, 07:06 PM
